Plug Power (PLUG) Total Liabilities (2010 - 2026)
Plug Power (PLUG) reported Total Liabilities of $1.6 billion for Q1 2026, down 6.26% year-over-year from $1.7 billion in Q1 2025, and little changed quarter-over-quarter from $1.6 billion in Q4 2025.
Plug Power (PLUG) Total Liabilities (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has 17 years of Total Liabilities data on file, last reported at $1.6 billion in Q1 2026.
- Total Liabilities for Q1 2026 came in at $1.6 billion, down 6.26% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.6 billion (down 6.26% YoY), and the FY2025 annual result was $1.6 billion, down 11.36% from the prior year.
- Total Liabilities steadied at $1.6 billion in Q1 2026 per PLUG's latest filing, from $1.6 billion in the prior quarter.
- Over five years, Total Liabilities peaked at $2.0 billion in Q4 2023 and troughed at $1.3 billion in Q1 2022.
- A 5-year average of $1.7 billion and a median of $1.7 billion in 2025 frame the typical range for Total Liabilities.
- The sharpest annual moves came in 2022 and 2024: Total Liabilities soared 58.27% in 2022, then decreased 12.73% in 2024.
- A 5-year view of Total Liabilities shows it stood at $1.7 billion in 2022, then advanced by 17.64% to $2.0 billion in 2023, then slipped by 10.45% to $1.8 billion in 2024, then declined by 11.36% to $1.6 billion in 2025, then increased by 0.19% to $1.6 billion in 2026.
- Business Quant data shows PLUG's Total Liabilities at $1.6 billion in Q1 2026, $1.6 billion in Q4 2025, and $1.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | 121.25 Mn |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 9.16 Bn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 3.72 Bn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 3.17 Bn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 4.64 Bn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 1.19 Bn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 470.97 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 92.46 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 1.72 Bn |
| 10 | Plug Power | 3.75 Bn | 3.37 Bn | -21.61 Mn | 1.59 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.59 Bn |
| Dec 31, 2025 | 1.59 Bn |
| Sep 30, 2025 | 1.61 Bn |
| Jun 30, 2025 | 1.59 Bn |
| Mar 31, 2025 | 1.70 Bn |
| Dec 31, 2024 | 1.80 Bn |
| Sep 30, 2024 | 1.70 Bn |
| Jun 30, 2024 | 1.79 Bn |
| Mar 31, 2024 | 1.92 Bn |
| Dec 31, 2023 | 2.00 Bn |
| Sep 30, 2023 | 1.94 Bn |
| Jun 30, 2023 | 1.84 Bn |
| Mar 31, 2023 | 1.73 Bn |
| Dec 31, 2022 | 1.70 Bn |
| Sep 30, 2022 | 1.64 Bn |
| Jun 30, 2022 | 1.40 Bn |
| Mar 31, 2022 | 1.33 Bn |
| Dec 31, 2021 | 1.34 Bn |
| Sep 30, 2021 | 1.03 Bn |
| Jun 30, 2021 | 957.96 Mn |